Work with a 1031 intermediary to ensure compliance and a smooth process.Key questions to ask yourselfWhat’s your long-term goal?

A tax advisor specializing in real estate can help you navigate deductions, plan for 1031 exchanges, and ensure compliance with ever-changing regulations.

Additionally, if you’re not local, requesting photos or videos of the problem can provide clarity before approving expensive repairs.For the lead paint testing, it’s important to determine whether this is a compliance requirement or a proactive measure.

You minimize your risk of violating Fair Housing Law or compliance issues using an experienced property manager.3.

Ensure compliance with 45-day identification and 180-day closing rules.This post does not create a CPA-Client relationship.

To maximize returns, ensure compliance with local regulations, prioritize owning the land, and offer student-friendly amenities.

A property manager’s expertise in handling maintenance issues, dealing with tenant concerns, ensuring legal compliance, and keeping vacancy rates low can make a huge difference in the financial performance and sustainability of a property.

Then progress to permits and then building.You could also just do it and hope the city doesn't notice, which they probably won't.Your challenge will be getting Certificates of Compliance on the units!

I’ve been shown no evidence that there was fraud, nor that the sale of the investment opportunity was not in compliance with either the General Exemption for Private Placement or Reg D safe harbor.  

Consult a CPA or advisor experienced in self-directed accounts to ensure compliance and maximize benefits.This post does not create a CPA-Client relationship.